Altitude Share Discussion Threads

[hitsha1] 25/4/2017 13:08

What a trooper, this guy escaped from mental asylum, he needs help.

[kemche] 25/4/2017 12:00

I gave him the benefit of the doubt for a while but once I realised he had stopped taking the medicines he had to go back on the filter........

[sheep_herder] 25/4/2017 11:46

adventurous, it has been clear for a long time that he is both stupid AND crazy.

teddy boy1, if you want to read how his opinion has changed so dramatically, enter his username in the "search this thread" box and you'll be able to have a laugh. :-) Take him seriously? Do us a favour guv. :-)

The presentation was well attended and went down well with everyone there, including stephen at the time. It was hastily organised in response to the list of questions I sent Martin and he thanked me personally for reminding him that he needed to do more to help comms. Anything stephen says can be placed in the recycle bin and ignored. revoman and robnw were both there as well as others I assume. It was actually oversubscribed as we spent 5 mins carrying chairs and tables through into the room. I could hear Martin fine and made lots of notes which I posted on the board on the day. Perhaps a stupid, crazy 71 year old should have been wearing his hearing aid.

[adventurous] 25/4/2017 11:33

Sorry folks, I was trying to establish whether 1946 was just plain crazy or stupid!!

He has without facts proved he must be both. He lies, makes things up, shows a total lack of any business acumen, cannot provide any facts for the total turnaround, in fact he's fast becoming a spinning top.

Anyone new to this board: just check out my post 2876 ;-)

[teddy boy1] 25/4/2017 11:14

Thanks Stephen for doing a disappearing act!

At last ,a chance to test my theory- no more negative comments on the forum, giving the mmm,s an excuse to keep dropping the price and justifying it.Just watch the share price climb steadily over the next week or so!

Keep those comments nice and positive !

[stephen1946] 25/4/2017 09:52

Teddy, concentrate on what the market thinks of this charade, not what i think.

[teddy boy1] 25/4/2017 09:48

If Stephen has done a 180 degree turn about what actually happened at the presentation how can we take him seriously on anything else?

I for one will be ignoring his posts and suggests that everyone else does the same.then perhaps he will give it a rest!

[malcolmmm] 25/4/2017 09:16

Just ignore him, you are paying into his hands by replying to his posts and making him feel important.

[webster32] 25/4/2017 09:14

teddy boy1,
If you want a second opinion on the presentation from the one given by stephen1946, in post 2888 above, then why not check out post 1664 from the day of the presentation. It's also by stephen1946:

"From where i sat, resellex is the business and is run by the next martin varley,gellen watt is one smart cookie, he is going places.

Martin? Shoved upstairs to concentrate solely on cementing deals. This is a billion dollar company at the starting gate. Only problem? The free lunch, was not very good,
Other than that, slick, very very American."

[thebigshortfella] 25/4/2017 09:11

adventurous - why are you bothering to converse with stephen1946?

It's obvious that his intention is to just wind up everyone on this board who is long on ALT. I wouldn't be surprised if he is also long and just wants to get in at a lower price...

Do you honestly think that anything he has to say is going to make a difference to the share price?

Why not just filter him? If everyone does this, he will end up just having an argument with himself... ;-)

[adventurous] 25/4/2017 09:05

stephen1946

16th Jan - you were looking forward to the presentation

22nd Jan - you expected that to be the last week shares could be bought for under £2.00

25th Jan - presentation was very slick, very, very American (post 1664)

27th Jan - soon be 100p - all positive, great business, great prospects

3rd Feb - you said this was a £3 share

10th Feb - you explained why the presentation was so good


and many, many more positive posts since that scruffy chap gave that presentation, but it all changed on the day of the new tax year!!!!!!!!!!

[teddy boy1] 25/4/2017 09:02

Did anyone else attend the presentation? A second opinion would be useful here ,not that it has much bearing on the bigger picture!

[malcolmmm] 25/4/2017 09:00

I find it odd that anyone with no interest in a company wastes their time posting with the choice available.

[adventurous] 25/4/2017 07:38

stephen1946 (pump and dump merchant) - so positive then so negative - but you still hold a share you expect to crash because a (in your view) scruffy person made a presentation - LOL fantasy land

[luisfrg] 25/4/2017 06:18

ASX closed Sydney and Wellington are closed for Anzac day.

[malcolmmm] 24/4/2017 21:33

They already have, bought these at 27p

[stephen1946] 24/4/2017 21:17

The simple answer to that twaddle is, dont count your chickens until the eggs hatch. Alternatively, just because you have sown the field with wheat seeds you are guaranteed a bumper crop.

Altitude are doing both of the above and SCSW and Motley are buying it, high risk.

[malcolmmm] 24/4/2017 21:02

Its not only SCSW who like ALT, here is some of what The Motley Fool thinks as most on here have most probably already read.

And it’s difficult to put together a future bear case for the enterprise. Even without giving any consideration to the two new contracts announced today, shares in Altitude look severely undervalued compared to the company’s projected forward growth. Analysts are expecting the firm to produce earnings per share growth of 300% for 2016, growing pre-tax profits by a similar amount, from £0.5m to £2m. Revenue is expected to hit £6.8m. During 2018, further growth is expected with pre-tax profits projected to hit £3.3m and earnings per share of 5.2p pencilled-in.

As analysts dissect today’s news, I would not rule out earnings upgrades in the weeks ahead. Based on current projections, the shares are trading at a 2018 P/E of 12.5.

Own research needed

As a small-cap, Altitude comes with a higher level of risk than larger peers, but the company appears to have none of the major red flags that usually come with a high-risk start-up. Specifically, at the end of June 2016, the firm reported a clean balance sheet with no debt and cash resources of £0.4m. With the City projecting profits for the full year, it is reasonable to assume group cash will have grown further during the last six months of 2016.

Overall then, as a growth investment Altitude does look attractive. But as with all small-cap stocks, before making a trading decision, you should conduct your own due diligence and don’t just take my word for it.

[teddy boy1] 24/4/2017 17:42

Holding firm so far,but to-morrow could be a water-shed day If we can hold on to the gains,then looking good for the rest of the week !